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Colwood, BC
Full City Profile · British Columbia
2.8
/5.0
C+
Fair
18,961
Population
2,781/sq mi density
$102,000
Median Income
$53,200 per capita
$800,000
Home Value
$1,370
Median Rent
18.8% income on rent
51°F
Avg Temperature
250 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$102,000 median income, 5.1% unemployment
C
Affordability
2.2 / 5.0
$800,000 home value, $1,370/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.2 / 5.0
14.5% bachelor's degree or higher
Housing Overview
Median Home Value
$800,000
184% above
US avg: $281,900
Median Rent
$1,370/mo
18% above
US avg: $1,163/mo
Homeownership Rate
73.4%
12% above US avg (65.4%)
Total Housing Units
7,430
Ownership vs. Renting
73.4%
Owner-Occupied
26.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Homeownership Rate
73.4%
Complete Housing Data
Home Values
| Census Median Value | $800,000 |
Rent
| Census Median Rent | $1,370 |
Market
Ownership & Stock
| Owner-Occupied | 73.4% |
| Renter-Occupied | 26.7% |
| Homeownership Rate | 73.4% |
| Total Housing Units | 7,430 |
| Rent Burden | 18.8% |